Armenian Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 548,715 | 512,330 | 36,385 | 44.8 | 0% |
| 2012 | 364,079 | 407,200 | −43,121 | 61.5 | 0% |
| 2013 | 402,969 | 300,739 | 102,230 | 95.9 | 0% |
| 2014 | 374,373 | 413,887 | −39,514 | 75.3 | 0% |
| 2015 | 449,652 | 583,977 | −134,325 | 51.6 | 0% |
| 2016 | 768,320 | 550,966 | 217,354 | 66.1 | 0% |
| 2017 | 547,563 | 528,162 | 19,401 | 75.2 | 0% |
| 2018 | 564,703 | 562,048 | 2,655 | 71.3 | 0% |
| 2019 | 1,201,086 | 841,880 | 359,206 | 59.4 | 0% |
| 2020 | 2,099,146 | 1,368,432 | 730,714 | 44.5 | 0% |
| 2021 | 2,130,869 | 2,004,563 | 126,306 | 30.5 | 4% |
| 2022 | 1,930,786 | 1,685,844 | 244,942 | 34.6 | 7% |
| 2023 | 2,359,755 | 2,028,410 | 331,345 | 33.0 | 7% |
In its most recent public year (2023), this organization brought in $331,345 more than it spent. Its reserves stood at about 33 months of spending, down from 44.8 in 2011. Staff pay was 7% of spending. $2,502,460 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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